Tag: businesses
Sales Tax
What is sales tax and why do we have it
Sales tax is a tax levied on the sale of goods and services. The tax...
Salary Reduction Simplified Employee Pension Plan (SARSEP)
What is 'Salary Reduction Simplified Employee Pension Plan - SARSEP' A plan offered by small companies - typically those with fewer than...
Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)
What is 'Savings Incentive Match Plan For Employees Of Small Employers - SIMPLE' A retirement plan that may be established by employers,...
Backward Integration
What is 'Backward Integration'
Backward integration is a form of vertical integration that involves the purchase of, or merger with, suppliers up the supply chain....
Backorder
What is 'Backorder' An order for a good or service that cannot be filled at the current time due to a lack...
Bad Check
What is 'Bad Check' A check drawn on a nonexistent account or on an account with insufficient funds to honor the check...
Bad Debt Reserve
What is 'Bad Debt Reserve' An account set aside by a company to account for and offset losses that arise as a...
Bagging the Street
What is 'Bagging the Street' An investor's failure to avoid trading in the stocks that are part of a block and also...
Back-to-Back Loan
DefinitionA Back-to-back loan is a loan agreement between entities in two countries in which the currencies remain separate but the maturity dates remain fixed....
Back Office
DefinitionA back office in most corporations is where tasks building layout of early companies where the front office would contain the sales and other...